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4705 SW 5th PL Cape Coral, FL 33914
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Ranch,Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,334 sqft
Price per Sqft $278
Subdivision Cape Coral
MLS Listing ID 223071546
Sold Date 12/15/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Florida Gulf Coast
Year Built 2005
Annual Tax Amount $4,331
Tax Year 2022
Lot Size 0.292 Acres
Acres 0.292
Property Description
Sellers are ready for their next adventure, so bring your offer! This PRICED TO SELL home WITH TONS OF POTENTIAL is ready for updates to make it your own slice of paradise. Located on a RARE CORNER CANAL lot in SW Cape, this home offers 233 feet of waterfront on a GULF ACCESS CANAL. 3 bridges, NO LOCK, this property includes a large 45 ft dock and 10,000-pound boat lift that will accommodate up to a 38 ft cruiser. Large backyard is fenced in to keep kids and pets safe. New roof in 2023. Located just minutes from dining and entertainment spots in Cape Harbor, Tarpon Point and downtown Cape Coral. The lanai will need new screens, repair to the stamped concrete deck and rethatch of the Tiki on the dock. The home would make an excellent turnkey investment property. In season, smaller homes on the street rent for over $300 a night, yielding a cap rate in excess of 6% based on just 180 days rented. Updated homes in the neighborhood have sold for over $1 million! Insurance costs are lower as the home was built to updated building codes, sits above the flood level and meets the wind mitigation standards for the area. The home sat high and dry during IAN. FLOOD INSURANCE IS TRANSFERABLE! Assessments are paid! Reasonable offers will be considered.
Location
State FL
County Lee
Area Cape Coral
Zoning R1-W
Rooms
Dining Room Dining - Living, Formal
Kitchen Island, Pantry
Interior
Interior Features Cathedral Ceiling(s), Foyer, Other, Pantry
Heating Central Electric
Flooring Carpet, Tile
Equipment Auto Garage Door, Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer, Washer/Dryer Hookup
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Heat Source Central Electric
Exterior
Exterior Feature Boat Dock Private, Boat Slip, Dock Deeded, Dock Included, Wooden Dock, Screened Lanai/Porch
Parking Features Attached
Garage Spaces 2.0
Pool Below Ground, Concrete
Amenities Available None
Waterfront Description Canal Front,Intersecting Canal,Seawall
View Y/N Yes
View Canal, Intersecting Canal, Landscaped Area, Water, Water Feature
Roof Type Shingle
Porch Deck, Patio
Total Parking Spaces 2
Garage Yes
Private Pool Yes
Building
Lot Description Cul-De-Sac, Oversize
Story 1
Water Assessment Paid, Central
Architectural Style Ranch, Single Family
Level or Stories 1
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 11-45-23-C4-01719.0010
Ownership Single Family
Security Features Smoke Detector(s)
Read Less
Bought with EXP Realty LLC